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In the first half of 2019 China overseas travel balance data

Date: 2019-10-05

Promulgated by the state administration of foreign exchange 27 in the first half of 2019 China international balance report shows that in the first half of the territory of China travel spending $127.5 billion, more than fifty percent travel spending in Asia.

According to the report, in recent years, as domestic residents income level, consumption ability enhancement, individual citizens travel abroad, study abroad, such as consumer increasingly common, presents many new characteristics.

Mobile payment double overseas purchases

Among them, the more convenient consumption abroad pay channels.Payment from the traditional remittance and cash payment for the development of bank card credit card payment, and with the development of science and technology, mobile payment further facilitate the residents' personal consumption abroad.In the first half of 2019, China travel spending 127.5 billion dollars.Among them, the bank card brush calorie of consumption is still the main method of payment, but the mobile payment rapid ascension, in the first half of the overseas purchases of mobile payment is double the same period in 2018.

More than fifty percent travel spending in Asia

Travel spending in the first half of 2019, Asia accounted for 54%;The second is America and Europe, accounted for 24% and 13% respectively.Asian countries and regions, in the top position is Hong Kong, China, Japan, macau, China, Taiwan, China and South Korea, etc.Countries in the americas, the top is the United States, Canada, etc.In Europe, in the top position such as France, Italy, Britain, Switzerland.

Study abroad, such as education spending up 20% from a year earlier

Escalating consumption abroad structure optimization.According to the category of paying travel spending main components including shopping, study, medical care, accommodation, catering, etc.Among them, shopping has been the main form of domestic residents outbound tourism, but spending in recent years gradually stabilised, shows Chinese residents outbound shopping increasingly rational consumption, also reflects the domestic shopping environment to attract consumer reflux positive changes.At the same time, China further increases in the demand for education internationalization, individual citizens prefer to carry on the education investment.Bank card brush calorie of consumption, for example, in the first half of 2019, the amount used to shopping in consumption abroad is roughly the same period in 2018, and study abroad and other education spending up 20% from a year earlier.

"All the way in the area along the national travel consumption growth

All the way, according to a report in the individual citizens "area" travel along the country's consumption growth.Along with China and "neighbourhood" all the way along the state economic and trade activities increasingly close contact, such as individual citizens within the territory of more understanding of relevant countries, and more willing to use it as a destination, travel and consumption in the traditional market travel consumption remained stable at the same time, emerging markets travel consumption gradually improve.Look from the annual data, individual citizens in the area along the way "the consumption amount of countries along the sustained growth in recent years, among them, the top countries such as Singapore, Thailand, Vietnam, Indonesia.In the first half of 2019, individual citizens in countries along the "area" the consumption amount of $14.9 billion.